Phantom Wallet, a prominent player in Solana’s ecosystem, surprised community members with a new announcement regarding its local token. Previously, several influential figures in the crypto world hinted that this non-custodial wallet was preparing for a token launch and a planned airdrop.

Phantom Wallet Removes Airdrop Plans

How did Phantom Wallet respond to these rumors? The wallet stated that instead of focusing on its own token, it is working on simplifying the process for users to share and discover new assets on its platform. In this context, it directly addressed PHNT token speculation by stating, “We have no plans for any token launch.”

Phantom Wallet expressed, “We are very pleased with our users’ excitement about tokens. Our aim is to make crypto more personal and user-friendly.”

What impact did this announcement have on the Solana $214 ecosystem? Although the lack of a new token launch diminished expectations regarding increased liquidity demand and transact…